Also part of the university’s impact was $132 million in capital expenditures that created more than 1,000 area jobs.

“Major public higher education and research institutions are key drivers of economic growth in all the most competitive and prosperous regions of the world, and UTSA is fulfilling that role for the San Antonio and South Texas region,” said Robert McKinley, associate vice president for economic development.

In addition to the 2008 impact, the university’s 4,600 graduates from last year are expected to add $4.8 billion to the statewide economy over their business careers, the report said. Sounds like real money.